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green-minded stimulus

A green-minded stimulus to save the economy from coronavirus? This group thinks it has the $2 trillion answers

If the pandemic-hit economy needs stimulus now, why not skip the patch-up job and rework it for the long haul?

That’s the aggressive view of several high-profile environmental advocates who have penned a detailed, eight-point $2 trillion proposal and posted it as an open letter to Congress: A Green Stimulus to Rebuild Our Economy. They want the prep work done now to make environmental projects shovel-ready when the worst of the coronavirus’s clampdown on the economy has passed. They opened the plan to virtual public comment.

The effort is not a complete rewrite of the Democratic-led Green New Deal framework of last year, a proposal meant to slow the effects of man-made climate change that has languished so far in a divided Congress. Instead, the new effort folds in expanded ideas from organizations, private companies and academics, and keeps a few of the proposals from the Democrats who have dropped out of the 2020 presidential contest, including Sen. Elizabeth Warren and known environmental champion Gov. Jay Inslee of Washington.

Read the entire article at MarketWatch.

Publication date: 2020-03-24
Parent publication: MarketWatch
Publication URL: https://www.marketwatch.com/story/a-green-minded-stimulus-to-save-the-economy-from-coronavirus-this-group-thinks-it-has-the-2-trillion-answers-2020-03-24

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